Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.
Keystone Launches Special Edition HMO and MUFB Buy-to-Let Products
Keystone Property Finance has launched special edition HMO and MUFB products, featuring a 15 basis point reduction on its core range. The new rates start at 3.34% and are part of a broader streamlining of the lender’s buy-to-let offerings.
The specialist buy-to-let lender has also simplified its fee structure, now offering 2.5%, 5%, and 7% fee options across its Standard, Specialist, Ex-pat, and Holiday Let ranges. In addition, Keystone has reduced the number of Ex-pat and Holiday Let products available, consolidating them into one set of rates for all property types.
These changes are designed to make the product range easier for brokers to navigate. The new special edition HMO and MUFB products are available on both small and large HMOs up to £1.5 million.
Letting agents and inventory clerks may find these updates relevant when advising landlords or managing properties that fall within the HMO and MUFB categories, as the new products could impact financing options and investment decisions.
Source: Mortgage Strategy